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Noranda Income Fund Unit T.NIF.UN


Primary Symbol: NNDIF

Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Post by ZincDink1on Apr 09, 2021 1:59pm
139 Views
Post# 32967713

Well TC half of last year

Well TC half of last year
Came in on the lower end of expectations sat $ 159

https://au.news.yahoo.com/teck-signs-zinc-benchmark-deals-144946808.html

Limp along mode this year, assuming we get better than current spot.

Still, not as bad as when spot was 75 and zinc was 1500. Note that the plant is producing at under 500 per ton. probably puts us in the top quartile for lowest operating costs.
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